First things first, I love your subtitles man. In my writing, I bounce between creative ones like yours and simple ones like "The Industry". Investing can be a deary topic. Thank you for being some flair into it in your own way.
I like how you get at the heart of the business model and industry. I know Ashtead; I come across the stock 7 years ago and the capital requirements put it in the "too hard" bin for me. It's definitely not a technology company.
Yes true, just trying to give the industry’s titles a little extra! Haha
Yes the business can be tricky when they depend on others in the way that they do! But if we se further share price declines, it will begin to look very interesting!
Anyone seriously considering investing in AT should consider the risk that the company is over-earning, as discussed in this article - https://substack.com/home/post/p-185626045
Ashtead still looks cheap at these levels to me
Great read!
First things first, I love your subtitles man. In my writing, I bounce between creative ones like yours and simple ones like "The Industry". Investing can be a deary topic. Thank you for being some flair into it in your own way.
I like how you get at the heart of the business model and industry. I know Ashtead; I come across the stock 7 years ago and the capital requirements put it in the "too hard" bin for me. It's definitely not a technology company.
Thanks!
Yes true, just trying to give the industry’s titles a little extra! Haha
Yes the business can be tricky when they depend on others in the way that they do! But if we se further share price declines, it will begin to look very interesting!
I wasn’t familiar with the company, and it doesn’t really fit my style, but I really appreciated your deep dive.
Thanks for sharing that!
Thanks! I appreciate you comment!
Anyone seriously considering investing in AT should consider the risk that the company is over-earning, as discussed in this article - https://substack.com/home/post/p-185626045